The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 182.40

+3.5%

Jan 6 3:59 PM EST

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To: cfoe who wrote (4533)	12/24/1999 10:19:00 AM
From: Art Bechhoefer	of 13582

There's no reason to believe QCOM would invest the proceeds from the sale in Treasuries - a rather conservative alternative. More likely, they would provide at least some capital to help expand CDMA overseas, using a company like Leap Wireless as the conduit. While I don't want to second guess the management, all I'm saying is that we can probably expect far more than $0.07 per share added to earnings.

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